As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Saturday, 12 December 2015

Sustainable Retirement Income For Life - Three Taps Solution - Revised slides


Uncle8888 has revised some of his slides to show clearer images and hopefully he will have less to explain with his new slides.

Tracking our household expenses and set the past highest annual household expenses as our Target to achieve sustainable retirement income for life with three taps solution.

Revised slides ...





7 comments:

  1. Hello CW,

    You have an interesting Three Taps Solution for retirement. Not many people enter their golden years with a proper surivival plan. Most simply rely on what they have at the moment. I guess you are one of those unique few. :)

    ReplyDelete
  2. This is one of my sharing with fellow office colleagues and friends who care enough to think of their own retirement planning.

    Read? Ring Fencing Retirement Income

    ReplyDelete
  3. What about the hidden magic tap no 4 - Children? Hahaha! Is that for the space on the lower left hand corner of your picture? Grow 3 trees for 20 over years, at least 1 or 2 can bear fruits right? No fruits, at least got some shade from the sun? No shade at least got some firewood for winter? LOL

    ReplyDelete
  4. Wow! LOL!

    May be that is the thinking of our parent generation; but parents now are thinking how not to burden their children. :-)

    ReplyDelete
  5. Three Tap solution - CPF & FDs, stock investment portfolio, and MA/Medishield Life, (RA, SA?), some emergency cash.

    Most of employees with CPF contributions if they start thinking about it seriously in their 40s on retirement planning. They will have enough time to plan and achieve it.

    ReplyDelete
  6. What about your current flat as last resort emergency fund?

    ReplyDelete
    Replies
    1. Correct!

      Many of us will likely to depend on the value of our home as asset of last resort.

      Delete

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